Whenever there are inside bars, we need to answer a multiple choice question
1. long the breakout
2. short the breakdown
3. both 1 and 2
4. none of the above.
in this case, 3 is my answer and I like the long a little more as there is a huge daily uptrend!
Also, 4hr finished 8ema correction may also be a plus for this long~
Let's see how it goes!
Classic inside bar trade!
wait for pivots to trail the other half!
Also a classic example to show the importance of 1st kick ha!
So In a daily uptrend I look for intraday long opportunities, the dip today made big movement that makes me want to take a look at 30min chart. and also I checked 4hr chart to see if it bounced right after finishing 8ema correction.